Home / Altcoin Analysis / Cryptocurrency Market Cap Clips $300 Billion as Bear Trap Liquidates Shorts

Cryptocurrency Market Cap Clips $300 Billion as Bear Trap Liquidates Shorts

The cryptocurrency market cap briefly clipped the $300 billion mark on Thursday, a phenomenon that occurred as the result of an apparent bear trap in the Bitcoin futures markets. Fueled by a dramatic Bitcoin price rally, the cryptocurrency market cap surged by more than $30 billion, peaking at $301.8 billion before settling back down to

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